Articles Recently Tagged: Rate Hike

(124 posts)
Mortgage Rates near Two-Year High, Probability of a Hike: 99%

Mortgage Rates near Two-Year High, Probability of a Hike: 99%

Having rocketed over half a point (51 basis points) over the past three weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage now measures 4.08 percent and is within one basis point of a two-year high (4.09 percent... Read More »

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the prevailing 4.03 percent average rate is the highest... Read More »

Mortgage Rates Rocket along with Probability of a Hike

Mortgage Rates Rocket along with Probability of a Hike

In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a 30-year mortgage rocketed up 37 basis points over the past week to 3.94 percent, which is the highest average rate in eleven months but still 3 basis points below the 3.97 percent rate... Read More »

Mortgage Rates on the Move up, Poised for Post-Election Jump

Mortgage Rates on the Move up, Poised for Post-Election Jump

The average rate for a 30-year mortgage ticked up 3 basis points over the past week to 3.57 percent, which is the highest rate since the beginning of June but only 26 basis points above an all-time low of 3.31 percent and 41 basis points below the 3.98 percent... Read More »

Benchmark Mortgage Rate Bouncing around Four Month High

Benchmark Mortgage Rate Bouncing around Four Month High

The average rate for a 30-year mortgage ticked up 7 basis points over the past week to 3.54 percent, which is the highest rate since the end of June but only 23 basis points above an all-time low of 3.31 percent and 33 basis points below the 3.87 percent... Read More »

Benchmark Mortgage Rate Hits Four-Month High, Odds of a Hike Up

Benchmark Mortgage Rate Hits Four-Month High, Odds of a Hike Up

Having ticked down to within 11 basis points of an all-time low two weeks ago, the average rate for a 30-year mortgage has since moved up 10 basis points to 3.52 percent, which is the highest rate in four months but remains 27 basis points below the 3.79 percent... Read More »

Benchmark Mortgage Rate Moves up along with Probability of a Hike

Benchmark Mortgage Rate Moves up along with Probability of a Hike

Having ticked down to within 11 basis points of an all-time low last week, the average rate for a 30-year mortgage moved up 5 basis points to 3.47 percent over the past week but remains 40 basis points below the 3.82 percent rate in place at the same time... Read More »

Benchmark Mortgage Rate Ticks down but Odds of a Rate Hike Jump

Benchmark Mortgage Rate Ticks down but Odds of a Rate Hike Jump

The average rate for a 30-year mortgage ticked down two basis points to 3.48 percent over the past week, which is 38 basis points below the 3.86 percent rate in place at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. At the same... Read More »

Benchmark Mortgage Rate Ticks up, Odds of a Rate Hike Even

Benchmark Mortgage Rate Ticks up, Odds of a Rate Hike Even

The average rate for a 30-year mortgage has ticked up to 3.50 percent, up 6 basis points over the past week but 41 basis points below the 3.91 percent rate in place at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. At the... Read More »

Benchmark Mortgage Rate Nearing an All-Time Low

Benchmark Mortgage Rate Nearing an All-Time Low

With the unexpected result of the Brexit vote roiling the financial markets, resulting in a flight to quality and driving the yield on the 10-year Treasury down, the average rate for a benchmark 30-year mortgage has dropped to 3.48 percent, the lowest rate in over three years and within... Read More »